turner-butler

Businesses are featured on

Businesses for Sale

On-Line Plumbing Supplies Business

 

Ref. GD120

Location : South East

Asking Price : £3,000,000

Turnover : £3,500,000

Net Profit : Undeclared

Gross Profit : £1,400,000

EBITDA : £516,000

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

Submit NDA Online
Submit NDA Offline
Print this page

Asking Price: £3m including SAV

Location: South East

Turnover:  c£3.5m

GP: c£1.4m

Adjusted EBITDA: c£516,000

Projected EBITDA: c£616,000

SAV: c£100,000

Business Profile

Introduction:

The opportunity exists to acquire, by way of a share purchase, all of the issued capital in is this on-line plumbing supply merchants (“the Business”).

The Business sells a variety of construction plastics, including plastic pipes, fittings and parts, to clients ranging from private individuals who are interested in building their own homes or doing their own renovations, to large building contractors who incorporate these plastics into their projects. Since its establishment a little over a decade ago, the Business has built, on the one hand, a robust, highly reliable supply chain that includes some of the UK’s leading manufacturers of construction plastics and on the other hand, a substantial base of satisfied, loyal customers. These strong operations allowed the Business to open a tremendously successful website and online store in 2009 that has taken off, expanding the Business’s reach across the nation and helping it achieve nearly £3.5m turnover in the fiscal year ending February 2020.

The Business:

The Business is a “household” name in the construction sector in the Southeast and throughout the country. Behind the aforementioned website, is a long-standing physical location of 3,000 sq. ft. that includes a busy trade counter. The Business was founded in 2009 by the current owners. It has become one of the top sellers of construction plastics in the region and the country, and is now perfectly positioned for further expansion, including the option to move into the traditional builder’s merchant space.  

Reasons for Sale:

The vendors have taken the business are far as they can and are seeking new challenges, although they are prepared to continue to work for the buyer if required.

Key Considerations:

  • Top tier seller of construction plastics.
  • Excellent reputation and trading history.
  • Well-known brand associated with high-quality products and service.
  • Relied upon by large contractors, including blue chips.
  • A top ranked, ecommerce website.
  • Outstanding SEO that drives considerable traffic to the site.
  • Strong relationships with leading UK manufacturers.
  • Streamlined operations with a deep and trusted supply chain.
  • Large, well-fitted and well-kept premises near a bustling port.
  • Substantial, growing revenues and healthy profit margins.
  • Numerous expansion opportunities including adding/converting to a builder’s merchant model.

Summary Results:

 

y/e                  £ 000s

2020

2019

2018

 Turnover

3,447

3,066

0

 Cost of Sales

2,091

2,103

0

 Gross Profit

1,356

964

0

 

In 2019-20 the Adjusted EBITDA, after allowing for a replacement M-D, was c£516,000. The expected Adjusted EBITDA for the current financial year is c£616,000.

 

 

 

 

 

 

 

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk